Gates Capital Management 13F holdings, Q1 2017
Holdings as of March 31, 2017 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 26 US equity positions worth $2.1bn in its Q1 2017 13F filing. The largest position was HLT at 6.6% of the reported book, followed by MGM and GLPI. Against the Q4 2016 filing, it opened 3 new positions, added to 11 and reduced 8 among the top 26 holdings.
What did Gates Capital Management own in Q1 2017? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2016 |
|---|---|---|---|---|---|---|---|
| 1 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 6.6% | $140.3m | 2,399,248 | 1538% | added |
| 2 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 6.5% | $138.1m | 5,040,290 | 66% | added |
| 3 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 6.3% | $133.5m | 3,993,873 | 0% | held |
| 4 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 6.1% | $129.8m | 8,936,846 | -4% | reduced |
| 5 | MERC MERCER INTL INC | Basic Materials | 5.5% | $117.6m | 10,049,110 | -8% | reduced |
| 6 | GRACE W R & CO DEL NEW | 5.4% | $115.3m | 1,654,505 | -6% | reduced | |
| 7 | DVA DAVITA INC | Healthcare | 5.4% | $114.2m | 1,680,852 | -4% | reduced |
| 8 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 5.3% | $112.7m | 3,932,769 | 122% | added |
| 9 | GCP APPLIED TECHNOLOGIES INC | 5.3% | $112.2m | 3,435,030 | -24% | reduced | |
| 10 | VERSUM MATLS INC | 4.5% | $95.3m | 3,115,750 | 2% | added | |
| 11 | SNA SNAP ON INC | Industrials | 4.4% | $94.3m | 559,271 | 41% | added |
| 12 | VISTA OUTDOOR INC | 4.4% | $93.1m | 4,519,471 | 235% | added | |
| 13 | FTV FORTIVE CORP | Technology | 3.6% | $76.0m | 1,262,569 | 1% | added |
| 14 | AXALTA COATING SYS LTD | 3.5% | $75.4m | 2,342,410 | -47% | reduced | |
| 15 | SERVICEMASTER GLOBAL HLDGS I | 3.4% | $73.2m | 1,753,732 | 0% | held | |
| 16 | LW LAMB WESTON HLDGS INC | Consumer Defensive | 3.4% | $72.7m | 1,727,986 | -0% | held |
| 17 | VARIAN MED SYS INC | 3.4% | $72.4m | 795,000 | – | new | |
| 18 | FLOTEK INDS INC DEL | 3.4% | $72.2m | 5,646,416 | 2% | added | |
| 19 | MGP MGM GROWTH PPTYS LLC | 3.3% | $71.3m | 2,635,414 | 0% | held | |
| 20 | HD SUPPLY HLDGS INC | 2.6% | $56.5m | 1,372,899 | 15% | added | |
| 21 | CC CHEMOURS CO | Basic Materials | 2.0% | $42.4m | 1,102,445 | -46% | reduced |
| 22 | SPGI S&P GLOBAL INC | Financial Services | 1.9% | $40.0m | 305,830 | -6% | reduced |
| 23 | DONNELLEY FINL SOLUTIONS INC | 1.8% | $39.0m | 2,019,903 | 8% | added | |
| 24 | WELBILT INC | 1.8% | $38.9m | 1,981,669 | – | new | |
| 25 | PK PARK HOTELS RESORTS INC | Real Estate | 0.2% | $3.3m | 130,021 | – | new |
| 26 | ION GEOPHYSICAL CORP | 0.1% | $2.8m | 582,946 | 71% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.